OT: Global Markets
- Thread starter Lettucexxxx
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Who knows what's true and what isn't...but some reports tonight saying the diplomat from Jordan was told by Iran on his visit today to get the king of Jordan out of the area asap or his life could be at risk.
I'm generally a moderately optimistic person leaning towards the "it'll be fine" mantra. I don't have a good feeling right now.
- middle east is guaranteed to pop off
- Ukrain still going
- UK dissolving into chaos
- US election incoming
I have no idea what all this means for the markets but again, I don't have a good feeling about the short term future.
- middle east is guaranteed to pop off
- Ukrain still going
- UK dissolving into chaos
- US election incoming
I have no idea what all this means for the markets but again, I don't have a good feeling about the short term future.
Let this be known.... War good for US economy.
Signed Military Industrial Complex
Ancient Chinese Proverb
Signed Military Industrial Complex
Ancient Chinese Proverb
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I invest long term and don’t market time since statistically the market is up more than it is not, that being said I wish I wasn’t already maxed on the 401 for the year.
My guess is if there is much of a drop for more than a few days, you see Powell push through an emergency rate cut of at least 50 basis points.
My guess is if there is much of a drop for more than a few days, you see Powell push through an emergency rate cut of at least 50 basis points.
I am maxed including catch up contributions (415c Limits) That being said, I do put the excess into a taxable brokerage. I have the option of a 401A and use it back door the Roth.
When's the last time this wasn't the case, Mr. Baptist Boomer?
it’s not war …. it’s the 17n morons at the fed. every other central bank has been cutting but not these dip5hits. they 17d it up to raise too late and now they’ve 17d it up cutting too late. this affects real people. once again your govt fails you
iran is not even a paper tiger. your warmongering politicians want you to believe they are a real threat. israel could level them and the rest of the ME overnight.
iran is not even a paper tiger. your warmongering politicians want you to believe they are a real threat. israel could level them and the rest of the ME overnight.
I would bet on "Schits 'Bout To Hit The Fan". The bomb that blew up a few days ago in Tehran was planted by Israel about 2 months ago. Killed Hamas' leader and Iran's Super Pissed. Intel saying massive strike on Israel is Imminent and Team Biden's in the Situation Room. Iran's leaders are justifiably schitting their pants afraid to lay down in their beds. They prolly think they have nothing to lose at this point.
I'll leave market speculation to those who know more than me on that.
I'll leave market speculation to those who know more than me on that.
I'll ask for myself and the rest of the world. Who exactly is on "Team Biden" and who's the team captain?
Edited to add: I'm not trying to stir shiit by asking this but I'd like to know.
Obama and his former staffers
Iran better think hard about it. I have a feeling Iseral is going to take out their money makers if Iran attacks.
Wow, Japan got smoked. Between their sovereign debt levels, the lack of birthing and the weakness of the yen they are circling the drain.
I assume the answer is the same for any presidency (and for most things in life): follow the money.
how can this moron continue to be employed- he has missed every signal on both ends
you know when people on both side of the aisle are screaming it then it is probably correct.
Watch oil prices. They get a rocket shoved up their butts then you know it's about to hit the fan.
Inflation has been at target for 6 months. The lag in housing data was propping up headline CPI. Anyone could see it but somehow the Fed/Powell ignored it.
If you want to know what inflation is really doing, don't use slow and antiquated government data. Private data tells the real story in real time.
The red line marks when we hit 2% back in February according to Truflation.
Good news is we have lots of room to wiggle on the Fed Funds rate. Fed could drop rates 300bps and we'd still be higher than any other time in 15 years (excluding the last 2 years.) 4.5% 30 year mortgages would unlock the housing jam and create a lot of refi activity that will get the economy pulled back up quickly.
I figure after the election there's going to be a huge surplus of money into the economy as well.... Either through tax cuts or student loan forgiveness. And I know which one I prefer.
Always appreciate your realistic level headed takes.
Honest question. If the other central banks were doing it right, why are they taking a bath as well?
Central banks aren't all powerful. Like a lot of gov't actors, they can 17 things up a lot, but they can't just magically fix problems unless the fix is for them to stop doing something that's causing the problem. Central banks can more or less control inflation in the currency they control and limit fluctuations in the supply and demand for money causing problems in the real economy.
Fidelity App is working fine for me although my portfolio looks like a mass suicide
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